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What is this project's discounted payback? begin{tabular}{lllll} WACC: & 9.00% & & & Year & 0 & 1 & 2 & 3 cline

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What is this project's discounted payback? \begin{tabular}{lllll} WACC: & 9.00% & & & \\ Year & 0 & 1 & 2 & 3 \\ \cline { 2 - 5 } Cash flows & $1095 & $600 & $500 & $400 \end{tabular} a. 2.74 years b. 2.85 years c. 2.06 years d. 2.68 years e. 2.40 years

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